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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Shafter Press
Location
Shafter, California, United States of America
Date
May 27, 1959
Page
2
Senator Byrd of Virginia calls the recent fiscal pattern the darkest in peacetime, noting deficits for decades and a January debt peak over six billion above previous records. He warns persistent inflation erodes purchasing power and could lead to a dictatorial state if money loses value.
The Farm Journal poll shows 55 percent favor total abandonment of supports and 8 percent want gradual adjustment to normal markets, totaling 78 percent preferring no or reduced aid. Only 8 percent back high price supports. poultry beef fruit and veg workers favor ending aid most, wheat and grains less so. Farmers seek self reliance and critique past programs as failures.
An Overland Park Kansas editorial argues unions should adopt bonding methods to protect both workers and firms. The piece compares union protections to corporate bonding practices and advocates similar safeguards.
In Chestertown Maryland an editorial argues the competitive enterprise economy relies on invested capital. It warns inflation erodes savings, and prolonged inflation could cause capital shortages, reducing productivity and harming the United States’ high standard of living.
Baccalaureate services for 79 Shafter High School seniors set for 8 p.m. Sunday at Shafter Mennonite Brethren church with Dan Kurzman as guest speaker. Art Lane of Sherman Oaks wins 1953 Pontiac top prize. fashion show and parade plans under way at Richland Elementary and Veterans Memorial Hall with Doris Wilson crowned queen.
The Shafter Parent Teachers Association thanks the public for cooperation as June is Dairy Month with the theme June’s Best Meal Ideas Start With Dairy Foods. The Dairy Institute of America supports this annual nationwide promotion.
Rasco Chain Stores now totals 100 locations after a new acquisition. The expansion includes the Rasco unit at 212 Central Ave in Shafter California.
Elections were held May 15 to 17 to choose new officers for the Future Farmers of America. The event concluded with the installation of the newly elected leaders.
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